Canada Artificial Intelligence Market

Synopsis
The above chart is Canada Artificial Intelligence Market Outlook (2018 to 2032)

Market Dynamics

canada is well positioned to be an artificial intelligence (ai) leader with its strong talent, research institutions, and supportive ecosystem. the country has been rapidly advancing its research into ai, as well as numerous initiatives to spur innovation and encourage ai adoption. this article will look at canada’s ai outlook for the 2018-2032 period, looking at the status of the current scene and what developments the country can expect. as of 2018, canada has long had a capable ai research base, but is still underutilizing its capabilities in terms of commercialization. last year, canada made two significant announcements in the advanced technology space that demonstrated the government’s commitment to increasing the country’s ai-driven capabilities. the first was the launch of the $125 million pan-canadian artificial intelligence strategy, which is set to significantly increase the number of large-scale ai training programs and research efforts in the country, and the second was the $950 million innovation superclusters initiative. moving forward, one can expect that these initiatives will help the country become a hub of ai research. further to that, these initiatives will likely create a broader ai-based ecosystem of ai-driven products and services. this should only help to increase the utilization of ai for the betterment of society and promote economic growth. when it comes to canada’s ai-driven capabilities, the country has already seen the emergence of numerous ai startups as well as big companies like google and microsoft that have taken an interest in the sector. this is particularly true when it comes to ai for healthcare, where canada has seen numerous strides over the last few years. with advances such as machine learning, analytics, and natural language processing now available, canada is well positioned to take advantage of these opportunities and further leverage them into the future. in closing, canada is well positioned to be an ai leader in the future, given its commitment to advancing the sector, its large population of skilled talent, and its research infrastructure. with numerous initiatives being launched, ai startups emerging, and larger firms taking an interest, canada’s ai-driven roadmap looks very promising. with sustained investment and support from the government, the coming years should prove to be very fruitful for canada’s ai trajectory.